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30A Final Reflection

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1. Starting off this class, I would have never guessed how much I would learn about all the puzzle pieces that come together that an entrepreneur must put together to see his dream come true. My most exciting moments during this class were creating the elevator pitches as my girlfriend video taped in the background trying her best not to laugh. The moments I dreaded the most were the lengthy interviews I had to conduct with people I didn't know and then having to type them out word for word. I also hated the times I forgot to submit an URL and didn't receive credit for an assignment. All these added up to a valuable learning experience that I will never forget. 2.The experience that stands out to me the most was first elevator pitch and learning how hard speaking in front of a camera actually was. It took me an entire afternoon and several re-takes to finally get it right. Now, I am happy to say it has become second nature to me. 3. I do believe I have developed ...

29A Venture Concept #2

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Opportunity - Thousands of young professionals commute to and from the city by car each and everyday. When a traffic jam occurs during their commute, this sets them back and holds their day in limbo. Causing them to miss their flights, show up late to their meetings, and overall cause an inconvenience that puts a burden on them for the rest of the day. Not to mention, traffic jams also affect families traveling on vacation, truck drivers, and emergency vehicles. There is no real way to solve this problem other than taking an alternate root or just finding things to do in traffic while the jam clears up. Innovation - My suggestion and business idea that I believe would help ease the burden of traffic jams is developing a separate roadway that runs parallel to the major highway systems. When a traffic jam happens or roads show overall congestion, the roadway will open to the public. Individuals can access this road way for one time fee of $25...

28A Your Exit Strategy

After building and growing Elite Express to the point where the company is now bringing in profit quarterly, I would put in on the market for a reasonable price that would pay me for my hard work and dedication, but would also allow the individual who ever bought it to make changes and reconstruct it to build something that's more efficient and better in every regard. I would do this so I then can finance my next Entrepreneurial endeavor, what ever that might be. I feel as if I would become complacent if I just continued my roadway business after it became successful. There is other problems in the world that need to be fixed, and as an entrepreneur, my job is to seek out those problems, fix them, and overall make an impact while I have my time here on Earth. I think overall this class has taught me to identify more opportunities in this world than provide profitable solutions to them. And this ties into why I would be open to selling my company. After completing the sale, I wo...

26A Celebrating Failure

During this past semester, I have had several areas of struggle but one of them was a complete wake up call. Set aside from this class, I am also enrolled in two other courses. One them happening to be an elective that I assumed was an easy "A". It was focused on career development and taught ideas and theories that I thought were intuitive and easy to comprehend. Throughout the class, I received full credit and perfect score on majority of the assignments which lead to extending my confirmation bias. As time continued, my first exam was approaching fast. Instead of reviewing the material and taking the time to study, I quickly skimmed through lectures and notes 2 hours prior to the exam beginning. Going in with the mindset that most of the information was just basic logic in the first place. I started the exam and the first five question appeared to be in a second language almost. I couldn't recall a thing that the questions were relating to and ended up submitting my ex...

What's Next? 25A

Existing Market: After successfully having my product in the market, what I see as the long term path within the existing market would be the capitalizing off other roadway systems around the United States. I spoke with 2 of the people I happened to interview in the past and they believe this is an amazing idea. Including the highway systems that extend across the United States going from North to South and East to West. This would do wonders for any individuals in need of traveling by car going long distances that are outside of their home state. This can be done by receiving money from the federal government in the form of grants and low interest loans. From there, we can start a country wide project on constructing the express way that will stretch from New York City, all the way to Los Angelas. Modifications will be made when the road extends out to bridges and crossroads in which would not effect any of the current roads that we now have in place. From there, bringing my roadw...

Venture Concept 24A

Elite Express - Getting you to your destination faster. I came about this idea due to the countless amount of times my days have been interrupted or my plans have been ruined  due to the burden of traffic jams. Including missed flights, late to meetings, and cut social time with friends and family. I feel as if we are currently complacent with our current road system and have yet to strive for innovation since the first highways were built. The direct result from doing this I believe would be an increase in car sales and a direct satisfaction increase with overall driver experience on our major road ways. My Idea is structured around the concept of developing a road way that runs parallel with the major highway systems. There will be 4 lanes to cater towards drivers going in both directions and multiple entry and exit points through-out the road way system. At each entry, a booth will be in place so individuals can pay their access fee up front. From there, the gate will open and...

Your Ventures unfair Advantage 23A

My top 10 resources for Elite express. 1. Phillips and Phillips Paving - (Human Capital)    Valuable - Well known and respected company     Rare - Not everyone has the luxury to partnership with them     Inimitable - Very easily, lots of contractors     Non Substitution - No easily to be replaced for the quality of work they produce 2. The state of Florida government - (Financial Capital)      Valuable - Very much so, only one government for the state.      Rare - Not exactly, many people can use the state for funding      Inimitable - No way      Non Substitution - Yes 3.  A Cult Culture is what I would shoot to create. Where people are encouraged to be open and honest. - (Company traits)      Valuable - Very valuable, many people value company culture when choosing where to work.       Rare - Yes, cult culture is not found in every comp...